Maruti sales at a record
New Delhi, April 13: Strong demand for the 800 model sent sales of Maruti to 42,123 units in March, the highest ever in its 20-year history. This was a 21 per cent jump over 34,728 cars sold in the same month last year. Maruti’s domestic car sales during 2002-03, however, fell by 2.5 per cent to 3.27 lakh units because of a slowdown in the first half of the fiscal.
New Delhi, April 13: The government is considering cross holding of equity between Mahanagar Telephone Nigam (MTNL) and Bharat Sanchar Nigam, instead of merging them into a single entity.
Ahmedabad, April 13: Panic withdrawals at ICICI Bank ATMs have subsided, except in Manipal, where customers pulled out Rs 1.05 crore on Saturday.
Calcutta, April 13: Essar Telecom is at an advanced stage of merging all its telecom ventures into a single unit.
New Delhi, April 13: The government is likely to consider rebidding for Shipping Corporation of India (SCI) and a proposal to allow PSU employees to vie for a stake in their companies at Tuesday’s meeting of the Cabinet Committee on Disinvestment.